Strategy for Range-Bound Markets (Aonori School, Mr. K)
This is Mr. K from Aonori School. Last time, I explained that binary options, if you use their advantages effectively, can limit losses, improve win rate, and profit in any market. This time, I will introduce specific strategies.
Table of Contents
1. Two strategies depending on market conditions
2. Differences between binary options and FX you should know
3. Is fundamental information necessary?
4. Targeting timings with weak fundamental factors!
5. Keep in mind the disadvantages
● Word count: 3608 characters (including headings)
● Images: 5
※This article is a revised version of an article from FX攻略.com August 2016
Two strategies depending on market conditions
In binary options, what exactly should you trade to generate profits? As explained with concrete examples last time, the key is to fully leverage the nature of binary options as a product that can profit in any market by leveraging its advantages.
I consistently achieve profits by switching between two strategies according to market conditions. The two strategies are: "strategies for ranging markets" and "strategies for trending markets."
The market sentiment can ultimately be classified into two categories: no price movement (range) or price movement (trend). If you have strategies for both, you can win in any market environment. This time, I would like to explain the concept of a strategy that can profit in a ranging market, one of the two.